Commercial Appraisal
We produce Complete and Limited Appraisals in either a Self-Contained,
Summary, or Restricted Use appraisal report format according to our clients
needs. Our reports conform to the requirements of government agencies, lending
institutions, courts, clients, The Appraisal Foundation, and the Appraisal
Institute under the Uniform Standards of Professional Appraisal Practice (USPAP).
This is done through full narrative or form reports to best serve the client's
needs and level of documentation desired.
Bogdanski Company provides commercial appraisals in both the lower and upper
peninsulas of the State of Michigan. We offer a competitive fee program anf
typically a 3 to 4 week turn around. We have experience in appraising a a
variety of property types. To facilitate the commercial
appraisal process we typically require the following documents.
DOCUMENTS REQUEST LIST
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Copy of Architectural Plans.
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Site
plans and Property surveys
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Copy of Title Report (includes legal description, plat map).
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Copy
of any Property Purchase Agreement within last five years.
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Copy of any Property Leases (even if to your own
corporation).
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Copy of any fixture or equipment leases.
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Operating
Profit and Loss Statements for the last three years and current Year-to-Date
statement showing sales and
cost of goods sold breakdown for each profit center.
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Balance sheets for the last three years.
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depreciation Schedules.
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Current
Mortgage Data.
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Any Loan Commitment Details
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Copy of Petroleum Dealer Lease Agreement, if any
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Equipment (non-realty) assets itemization.
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Copy of any Traffic/Transportation Studies.
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Copy
of any Development Agreement with County or
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Copy of any Feasibility Study and, or Business Plan.
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Copy
of previous appraisals.
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Copy
of any environmental assessment documents or correspondence with the
Department of Environmental Quality.
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Any other information you feel may be important.
ADDITIONAL
DOCUMENTS FOR
CONVENIENCE STORE/GAS STATION
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Operating
Profit and Loss Statements for the last three years and current Year-to-Date
statement showing sales and
cost of goods sold breakdown for each profit center, including fuel margins
and in-store margins.
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Copy
of all Petroleum Supplier Delivery Receipts for the last 12 months showing
gallons of product delivered and price paid to the supplier.
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Copy of EPA Fuel report logs for the last 36 months.
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Copy of Petroleum Dealer Lease Agreement, if any.
ADDITIONAL
DOCUMENTS FOR
HOTELS/MOTELS
-
Franchise
agreements.
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Monthly
Occupancy Data
-
Room
Rental Rate Breakdown
BOGDANSKI
